Chance the Rapper Net Worth: Charting His Journey (2023)

Chance the Rapper Net Worth - $25 Million

Early Life and Career

Chancelor Johnathan Bennett, known professionally as Chance the Rapper, was born in Chicago, Illinois, on April 16, 1993. His family had deep roots in politics, with his father actively working as an aide to then-Senator Barack Obama. Growing up, Chance was drawn to music and began his rap journey in high school, where he formed a hip-hop duo during his freshman year.

After a 10-day suspension for marijuana use in his senior year, Chance released his first mixtape, “10 Day,” in 2012, garnering local acclaim and earning a spot on Complex’s “10 New Chicago Rappers to Look Out For.” Chance’s second mixtape, “Acid Rap,” was released in 2013 and received widespread critical acclaim, even earning an appearance on numerous Best Albums of 2013 lists. His third mixtape, “Coloring Book,” was made available with an exclusive two-week release on Apple Music, earning even more praise and launching Chance to his prominent place in the music industry.

Activism and Charitable Work

Chance the Rapper is an advocate for social change, contributing to various causes and founding his own charity, SocialWorks. The charity focuses on empowering youth through arts, education, and civic engagement, with initiatives such as OpenMike, Warmest Winter, Kids of the Kingdom, The New Chance: Arts & Literature Fund, and My State of Mind. Through these programs, SocialWorks aims to provide opportunities, inspire creativity, and advocate for youth success.

Chance’s political engagement is also evident through his work in the Obama Foundation and his 2017 donation of $1 million to Chicago Public Schools. Additionally, his dedication to reducing gun violence in his hometown of Chicago is an ongoing effort.

Personal Life and The Big Day Album

Chance the Rapper is a staunch believer in his Christian faith, often incorporating messages about God in his music. He has been involved with his now-wife, Kirsten Corley, since 2013. They have two children together, Kensli and Marli, and were married on March 9, 2019. Chance values his family and prioritizes spending quality time with them.

In 2019, Chance made the decision to sell his highly anticipated debut studio album, “The Big Day.” Despite his history of making his music available for free, he felt it was time to change his approach. Response to the album was mixed, but it reached remarkable chart positions, including debuting at No. 2 on the Billboard chart.

Conclusion

While many rappers have risen to fame and fortune throughout the years, few have done so while maintaining a focus on charity, activism, and personal integrity, like Chance the Rapper has. Chance’s estimated net worth of $25 million is a testament to his undeniable talent and his desire to make a difference, proving that there are many pathways to success in the music industry.

Frequently Asked Questions

Is Chance the Rapper still rich?

Yes, Chance the Rapper continues to be one of the wealthiest artists in the hip-hop industry. As of April 2023, his net worth is estimated to be around $25 million.

Who was the richest rapper?

Jay-Z holds the title of the richest rapper, with a staggering net worth of over $1 billion.

How much did Apple pay Chance the Rapper?

Chance the Rapper’s specific partnership with Apple remains undisclosed, but it involved a two-week exclusive release of his third mixtape, “Coloring Book,” on Apple Music in exchange for a monetary sum.

How much does Chance the Rapper make per show?

Chance the Rapper’s income per show varies, but in some instances, he reportedly earned between $100,000 to $250,000 for a single performance.

How much is Chance getting paid for The Voice?

While it not confirmed, it is reported that Chance the Rapper’s salary for his first season as a coach on “The Voice” is estimated at $8 million.